Thread: Myfootballclub
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Old 04-09-2007, 00:40   #22
Rowan
Junior Member+
 

Re: Myfootballclub

I think some of you are working under some gross misunderstandings of what MyFootballClub is and what it's designed to be.

First, I am a paid-up member of MyFC, and not in any way a member of the site's management. Why was I willing to spend my 35? MyFootballClub Society Ltd is registered with the Financial Services Authority. An awfully public way to go for a scam, not to mention costly to set up. And given all the publicity MyFC is getting? It's not a scam. In addition, one of the country's top legal firms is head of the negotiating team. Four clubs, possibly five after today, have already contacted MyFC to enter into negotiations. Do you seriously think that would be the case if they had any doubts as to the legality of the enterprise?

Whether the mechanism within MyFC for picking the weekly XI and setting tactics will work or not remains to be seen. But the whole idea is based on James Surowiecki's book THE WISDOM OF THE CROWDS, which demonstrates again and again that large groups of people can come together and make decisions that are as good or better than those made by "experts."

As for the nay-sayers who think MyFC members are hoping for a quick profit, once again, that's not how the society works. MyFC is a not-for-profit society. If the members ever decide to sell (and without a profit motive to do so, why would they?), all profits go to a similar enterprise or to charity. The individual members can in no way profit from this enterprise.

Hard as it may be for some people to believe, MyFC is what it claims to be...a group of football fans coming together to return at least one club into the hands of fans rather than rich businessmen. Whether that club turns out to be Stanley or some other club, we won't know for a while. But I personally hope it's a club like Stanley -- proud tradition, little to no debt -- but a club that needs both cash and new supporters if it's ever to grow, or even remain in the league. With MyFC behind it, whichever club we buy will have an immediate and substantial cash infusion and fan increase. And what is best is that we hope the current loyal supporters of that club join us and give us their experience and insight into the team's history and potential.

Feel free to scoff if you will, but remember how loudly you scoffed when we do buy a club and it starts to flourish.

Feel free to email me if you have serious questions. I'm happy to respond. If you just want to send me attacks, I have a thick skin. Either way, I hope you'll take a few minutes to understand what MyFC really is, rather than simply dismissing it out of hand without bothering to understand it first.
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